Data centre firm Equinix is set to acquire Nigerian connectivity provider MainOne for £237 million in the first quarter of 2022.

Announced in December, the deal remains subject to regulatory approval before Equinix can fully incorporate MainOne’s 500 employees into its own network.

The transaction marks the California-based firm’s first move into Africa as it plans to tap the region’s growing internet access. It also comes as one of 2021’s biggest tech deals for...